Islamic Fintech Transactions to Reach $306 Billion by 2027' — DinarStandard Global Islamic Fintech Report.

October 11, 2025.

DinarStandard's 2024 Global Islamic Fintech Report estimated Islamic fintech transaction volume at $138 billion in 2022/23, projected to reach $306 billion by 2027. The report ranked the UK among the top five most conducive ecosystems for Islamic fintech globally — alongside Malaysia, Saudi Arabia, Indonesia, and the UAE. It noted that the sector's growth is being driven primarily by young founders who combine technical capability with deep understanding of the Muslim consumer market from the inside.

What this means for us: Our next generation is not entering small markets. They are entering $300 billion markets with the most important competitive advantage available: they understand the customer because they are the customer. MBC ensures they enter with capital and support to match that advantage.

SOURCE: https://salaamgateway.com/reports/global-islamic-fintech-report-2024